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Wed, 06/29/2011 - 22:56 by Rahul K. Chaudhary
In an attempt to enhance its cloud management services along with tapping the flourishing Chinese global technology market, the world’s leading computer manufacturer, Hewlett-Packard Company is planning to develop cloud computing services and products in China.
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Mon, 05/16/2011 - 17:15 by Neka Sehgal
Amid a spectacular display of fireworks and the traditional Chinese lion dance, Galaxy Entertainment Group (GEG) opened the doors of Galaxy Macau, a multibillion dollar integrated casino-resort after a two year delay.
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Sat, 12/11/2010 - 22:37 by Prince damin
Beijing -- China said Saturday its consumer price index rose 5.1 percent on an annual basis in November with food prices climbing 11.7 percent.
Core prices, which exclude food, rose 1.9 percent from November to November, CNNMoney.com reported.
On Friday, the People's Bank of China raised its reserve requirement for banks 0.5 percent after customs officials said exports had increased 35 percent over the past 12 months and imports were up 38 percent.
Analysts expect the bank will take further steps to slow the economy and curb the inflationary trend. Last week, China said it would aim for a more "prudent" monetary policy next for 2011.
In contrast, the annual CPI is about 1.2 percent in the United States.
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Fri, 12/10/2010 - 23:18 by harsheeb
Beijing -- The People's Bank of China tightened monetary policy Friday as customs officials said imports soared 38 percent and exports 35 percent in November.
The increases compared with trade a year ago soundly beat expectations of 24 percent increases, The New York Times reported.
For the sixth time this year, the People's Bank of China tightened its monetary policy, raising the reserve requirement for banks 0.5 percent.
Analysts anticipate China will continue to tighten policy to slow its economy. Chinese officials this week said they would shift monetary policy in 2011 from "relatively loose" to "prudent," the Times said.
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Tue, 12/07/2010 - 09:09 by harsheeb
Beijing -- China says it has perfected the difficult task of getting giant pandas to reproduce in captivity, a step closer to reintroducing the bears into the wild.
Scientists at the Chengdu Panda Breeding Research Center have reached their target of successfully raising 300 of the bears in captivity, which should lead to the first captive-bred panda being reintroduced into the wild within 15 years, the BBC reported Sunday.
There are probably no more than 3,000 pandas in the wild.
Researchers have attempted to breed captive pandas since the first such cub was born at the center in 1963, but many obstacles stood in the way of achieving a stable captive panda population.
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Thu, 12/02/2010 - 23:00 by Prince damin
Beijing -- China's scientific research and development spending in 2009 put it fourth in the world after the United States, Japan and Germany, officials said.
The country spent $87 billion on R&D, officials at the National Bureau of Statistics of China told the country's state-run news agency Xinhua Wednesday.
China's R&D activities in 2009 involved about 3.18 people, the largest number in the world, Cha Zhimin, deputy-director of the society and science department of the NBS, said.
Of the total spending, the government invested $20 billion on R&D in 2009, about 4.5 times that in 2000, indicating the government's willingness to boost innovation, Cha said.
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Mon, 11/29/2010 - 11:03 by Rakhi
Beijing -- The South Korean-Chinese joint venture Beijing Hyundai broke ground for its third auto manufacturing plant in China Sunday on the outskirts of Beijing.
The plant will produce up to 400,000 vehicles a year when completed in 2012, Xinhua reported. Beijing Hyundai's two other plants, also located in Shunyi District, churn out a combined 600,000 units per year.
The ground-breaking event was attended by China's top political adviser, Jia Qinglin, and Hyundai Motor Chairman Chung Mong-koom the state-run news agency said.
Business, as well as cultural ties, between China and South Korea have been expanding since the two nations established diplomatic ties in 1992, Jia noted.
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Sun, 11/28/2010 - 23:27 by harsheeb
Wuhan-- A 24-year-old singer died as a result of complications from anesthesia during plastic surgery, health officials in central China's Hubei Province said.
Wang Bei, who appeared on the Chinese talent-search program "Super Girl" in 2005, died during plastic surgery in Wuhan, capital of Hubei Province, Xinhua reported.
"The investigation results should be made public without delay," China's Ministry of Health said. Wang's mother also had cosmetic surgery in Wuhan's Zhong'ao Cosmetic Hospital where she is still recovering.
News of Wang's Nov. 15 death has raised the awareness of safety concerns in the escalating plastic surgery trade.
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Fri, 11/26/2010 - 12:09 by Rakhi
Beijing -- China is 20 years behind developed countries when it comes to scientific literacy but is gaining, a survey published Sunday indicates.
The China Association for Science and Technology said only 3.27 percent of Chinese have basic scientific literacy, Xinhua reported. That is up sharply from 1.6 percent in 2005 and 2.25 percent in 2007, said Ren Fujun, director of the China Research Institute for Science Popularization, which conducted the survey.
Yang Wenzhi, a science popularization director with the association, said the low literacy level stems from the country's slow development prior to the 1980s and poor quality education in the past.
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Fri, 11/26/2010 - 12:02 by Rakhi
Xichang, China -- China launched a Long March 3A carrier rocket Thursday, putting a communication satellite into orbit around the Earth, officials said.
The rocket was launched at 12:09 a.m. from the Xichang Satellite Launch Center in Sichuan province, Xinhua reported.
The "Zhongxing-20A" satellite is expected to improve China's radio and television broadcasts, officials at the launch center said in a statement.
It was the 135th launch of a Long March series rocket since April 24, 1970, the state-run news agency said.
Copyright 2010 United Press International, Inc. (UPI).
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Fri, 11/19/2010 - 23:05 by Prince damin
Beijing -- Japanese officials said Friday China had resumed shipping rare minerals to Japan after a nearly two-month embargo.
"Everything is flowing," a Japanese executive involved in the rare earth industry who requested anonymity told The New York Times.
A survey in Japan found 16 of 27 companies indicated purchasing rare earths had improved in the past three days.
The minerals are critical to the several industries, including the electronics industry, which is important to Japan's export-oriented economy.
Shipments were stopped Sept. 21 after Japan detained a Chinese fishing boat captain who allegedly rammed a Japanese coast guard vessel near islands China claims but are controlled by Japan.
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Fri, 11/19/2010 - 22:42 by Prince damin
Fanling, China -- Ian Poulter fired a course-record 10-under-par 60 Friday and moved into the lead of the European Tour's Hong Kong Open.
Poulter had five birdies on each nine of the Hong Kong Golf Club and is at 13-under 127 halfway through the tournament. Anthony Kang (61) was 6-under on the second nine in his second round and is now in second place at 12-under. Simon Dyson (65) and Rory McIlroy (66) are tied for third two strokes behind Poulter.
First-round leader Mark Brown had consecutive bogeys on Nos. 6-8 en route to a 1-under 69 and dropped to a tie for 10th, four strokes off the lead.
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